R M Drip and Sprinklers Systems Limited: SEBI Search Proceedings Conducted at Promoter Directors' Premises

R M Drip and Sprinklers Systems Limited has disclosed to the stock exchanges that search proceedings were conducted at the premises of its promoter directors pursuant to an order passed by the Special Judge, Securities and Exchange Board of India (SEBI). The action was taken under Section 11C(9) of the Securities and Exchange Board of India Act, 1992, as part of regulatory compliance measures.

Search Proceedings Details

The search operation was conducted over two days, commencing at 7:45 AM on Wednesday, April 22, 2026, and concluding at 02:00 AM on Thursday, April 23, 2026. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Statement on Impact

The company has stated that at present, there is no material impact on the financials, business operations, or any other activities of R M Drip and Sprinklers Systems Limited due to the aforementioned search proceedings. The management has assured that in the event of any material update requiring intimation under the SEBI Listing Regulations, necessary disclosures will be made in accordance with regulatory provisions.

Regulatory Disclosure Details

The company provided the following details as required under Clause 19 of Para A of Part A of Schedule III of the SEBI Listing Regulations:

Sr. No.	Particulars	Details
1.	Name of the authority	Special Judge, Securities and Exchange Board of India
2.	Nature and details of the action(s) taken, initiated or order(s) passed	Search under section 11C (9) of the Securities and Exchange Board of India Act, 1992
3.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other	Not yet informed by the Authority
4.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Not yet informed by the Authority
5.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	At present, there is no material impact

The disclosure was signed by Nivrutti Pandurang Kedar, Director of R M Drip and Sprinklers Systems Limited, with DIN 06980548. The company's registered office is located at Gat No. 475, Gonde Village, Tal- Sinnar Dist. Nashik-(MH) – 422606, and its corporate office is at Shop No. 213, Shree Kalika Complex, Opp Kalika Mandir, Mumbai Naka, Nashik-422001.

RM Drip and Sprinklers Systems Limited has completed the allotment of bonus equity shares to its shareholders, marking a significant corporate action that enhances shareholder value. The Board of Directors approved and executed this bonus issue on April 13, 2026, following regulatory compliance requirements.

Bonus Share Allotment Details

The company allotted 17,84,28,571 bonus equity shares to eligible shareholders in a 5:7 ratio. Under this arrangement, shareholders received 5 new fully paid-up equity shares of face value Re. 1 each for every 7 existing fully paid-up equity shares held as on the record date.

Parameter:	Details
Bonus Shares Allotted:	17,84,28,571
Allotment Ratio:	5:7
Face Value per Share:	Re. 1
Record Date:	April 10, 2026
Board Meeting Date:	April 13, 2026

Impact on Share Capital Structure

The bonus issue has substantially increased the company's equity base. Following the allotment, RM Drip and Sprinklers Systems' paid-up equity share capital expanded to Rs. 42,82,28,571, comprising 42,82,28,571 equity shares of face value Re. 1 each.

Capital Structure:	Post-Allotment
Total Paid-up Capital:	Rs. 42,82,28,571
Total Equity Shares:	42,82,28,571
Face Value per Share:	Re. 1

Regulatory Compliance and Timeline

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board meeting commenced at 11:00 A.M. IST and concluded at 11:45 A.M. IST on April 13, 2026.

RM Drip and Sprinklers Systems Limited, incorporated under CIN L27200MH2004PLC150101, operates in the irrigation equipment sector and trades on both NSE (Symbol: RMDRIP) and BSE (Scrip Code: 544456). The bonus issue reflects the company's commitment to rewarding shareholders while maintaining compliance with regulatory frameworks.